SIE Exam Question 80: Answer and Explanation

Question: 80

Which of the following items regarding SIPC must member firms advise all new customers of in writing when opening a new account?

I. The SIPC website address

II. The SIPC telephone number

III. How to obtain the SIPC brochure

• A. I only
• B. I and III
• C. I and II
• D. I, II, and III

Correct Answer: D

Explanation:

Member firms must disclose, in writing, to all new customers that they may obtain more information about SIPC, including the brochure, by contacting SIPC and must also provide the website address and telephone number of SIPC.